As I speak to you, bitcoin dominance has never been lower. That is to say the weight of the capitalization of bitcoin compared to other cryptos is only 48% against 70% a few months ago. Analysts are talking about altcoin seasons, however it looks more like a real paradigm shift. Therefore, I will do one post per day to talk about a young altcoin, some call them shitcoins.
let's start with the elongate, based on the smart chain binance. This cryptocurrency aims to work for charities
As his white paper certifies, this crypto started with a tweet :
On March 25, 2021, ELON MUSK, referring to the Watergate scandal under the presidency of Richard Nixon, who finally led to his resignation, said that if one day a scandal concerned him, it should be called the elongate.
In addition, in its white paper available on its site, Elongate indicates that it plans to create funds to support the United Nations World Food Program, Action Against Hunger and the Big Green Corporation. Regarding the team, it is made up of young people unknown to the general public, but who are big names in their fields. But a personality intrigues us, that of Kimbal Musk. Let's go back, Elongate wants to support actors in the caricature world and in particular BIG GREEN. Big Green was founded in 2011 by Kimbal Musk and Hugo Matheson.
In the coming months, we will undoubtedly see more clearly on the role of Kimbal in this crypto.
So how to buy this crypto: 1. Download the TrustWallet app.
2. Create your portfolio.
3. Buy BNB (smart chain).
4. You will be directed to simplex to purchase and you will need a visa or mastercard.
5. For iOS users, you will want to enable DApp (enter this command for safari): trust: // browser_enable
6. Once activated on your web browser, navigate to elongate.cc and click on “Token Address”
7. Copy the token address to your clipboard.
8. Great, go back to your Trustwallet application.
9. Click on "D'App".
10. Scroll down and select PancakeSwap.
11. Click "CONNECT" in the upper right corner.
12. Choose TrustWallet.
13. You can now swap your BNB to lengthen. Paste the token address to do this.
14. Adjust the% slip. to 11 - 12
15. Congratulations and welcome to the family! Your extended balance will automatically be added to your Trustwallet app. 0x2A9718defF471f3Bb91FA0ECEAB14154F150a385 (the contract)
